The Pearl Street Inn Bed and Breakfast was located at 1820 Pearl Street, Boulder, Colorado 80302, three blocks from the Pearl Street Mall. The building was constructed in 1898 as a private residence in the Queen Anne style. In 1985, the courtyard and guest rooms were added, and it began offering bed and breakfast lodging. In approximately 1997 Kate Beeman purchased it and continued to run it for seven years as a B&B. In 2006 the building (known as the Koehler-Sherman House) was given landmark status by the city of Boulder.
The inn was quite successful boasting annual occupancy of 75% in the late 1990's. Ms. Beeman fought the David and Goliath battle against the chain Boulder hotels. She courted the business traveller saying "The more people are away from home, the more they want to get away from the sterile atmosphere of a hotel. I often see businessmen with their laptops sitting in our courtyard out back." The inn received the "Best of Boulder" award three times. In 2004 the inn succumbed to Boulder's gentrification and the Inn was closed for redevelopment as downtown condominiums. This redevelopment project ended up in foreclosure, and Citywide Banks of Aurora, Colorado is listed as an owner in Boulder County records as of 2010.
The inn had nine rooms including one guest suite, and six guest rooms with single-occupancy rates in 2004 of $159 for the rooms and $209 for the suite.
The Colorado Historical Society says the building is significant because its style "...represents Boulder's 19th century, middle-class housing..." and "...for being associated with George Koehler, a German immigrant and agent for the Pacific and United States Express Company; and George Sherman, a prominent early businessman."